1. Monetary Policy Report February 2011

2. Balance in the economy requires continued repo rate increases

3. Good growth in Sweden ahead
GDP, quarterly changes in per cent calculated as an annual rate,
seasonally-adjusted data
Sources: Statistics Sweden and the Riksbank

4. Recovery abroad GDP, annual percentage change.
IMF’s October forecast for Brazil, Russia, India and China (BRIC)
Sources: The IMF and the Riksbank

5. Forward-looking indicators point to high growth
Purchasing managers’ index in the manufacturing industry, BRIC =Brazil, Russia, India and China
Sources: Institute for Supply Management, Markit Economics and Swedbank

6. Lower Swedish unemployment
Percentage of labour force, seasonally-adjusted data
Source: Statistics Sweden and the Riksbank

7. Strong recruitment plans
Net figures total resp. annual percentage change
Sources: National Institute of Economic Research
and Statistics Sweden

8. Labour shortages increasing
Per cent, seasonally-adjusted data
Source: National Institute of Economic Research

9. Stronger Swedish krona
Index, 18 November 1992 = 100
Source: The Riksbank

10. Higher commodity and energy prices
USD, Index 2005=100
Sources: The Economist and Reuters

11. Inflation higher than expected
Annual percentage change
Sources: Statistics Sweden and the Riksbank

12. Inflation close to target
Annual percentage change
Sources: Statistics Sweden and the Riksbank

13. Repo rate increased slightly faster
Per cent, quarterly averages
Source: The Riksbank

14. A forecast, not a promise
Domestic demand/
Commodity prices
Stronger productivity/
Exchange rate
Per cent, quarterly averages
Source: The Riksbank

15. Balance in the economy requires continued repo rate increases